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The latest announcement is out from Canterbury Resources Ltd. ( (AU:CBY) ).
Canterbury Resources Ltd. has announced a Share Purchase Plan (SPP) to raise up to $0.75 million, offering shareholders the opportunity to purchase additional shares at $0.02 per share. The funds raised will support project generation, exploration at specific projects, and cover working capital and offer costs, while exploration at other projects is funded by joint venture partners.
More about Canterbury Resources Ltd.
Canterbury Resources Ltd. is a company involved in the exploration and development of mineral resources. The company focuses on projects in regions such as Australia, New Zealand, Papua New Guinea, Canada, and the United Kingdom, with a particular interest in generating new projects and exploring existing ones.
Average Trading Volume: 266,801
Technical Sentiment Signal: Sell
Current Market Cap: A$4.36M
For detailed information about CBY stock, go to TipRanks’ Stock Analysis page.